COSCO SHP SG    Last:0.116   -

CoscoCorp

I think 3 cents...additional 4 cents referring to preceeding FY...which is last year??

 

3 cents or 7 cents?

not clear.

Tek2009      ( Date: 23-Feb-2012 22:01) Posted: In fact it's much better than NOL. 44% net profit loss but still making money S$140mil + 3cents dividend.

 

In fact it's much better than NOL. 44% net profit loss but still making money S$140mil + 3cents dividend.

 

Tomorrow Cosco will be the next target slaughter by BBs after Wilmar, Genting and NOL. So fun to play earnings reports.

krisluke      ( Date: 23-Feb-2012 17:32) Posted: COSCO: FY2011 Net Profit Down 43.9% To S$139.7 Million. 23 Feb 2012 17:18 FY2011 Group turnover was up by 7.8% to S$4.2bn supported by better shipyard performance. Shipyard turnover rose 10.1% to $$4.1bn on higher contributions from ship building and marine engineering projects. Turnover from dry bulk shipping and other business fell 52.9% to $66.8m on lower charter-hire rates. Net profit attributable to equity holders of the Company dropped 43.9% to $139.7m on lower profit contributions from dry bulk shipping and the higher costs incurred in shipyard operations. The Group will continue to focus on deliveries as it upgrades its shipyard capabilities and efficiencies, and monitor costs... More information available here.

 

COSCO: FY2011 Net Profit Down 43.9% To S$139.7 Million.

FY2011 Group turnover was up by 7.8% to S$4.2bn supported by better shipyard performance. Shipyard turnover rose 10.1% to $$4.1bn on higher contributions from ship building and marine engineering projects. Turnover from dry bulk shipping and other business fell 52.9% to $66.8m on lower charter-hire rates. Net profit attributable to equity holders of the Company dropped 43.9% to $139.7m on lower profit contributions from dry bulk shipping and the higher costs incurred in shipyard operations. The Group will continue to focus on deliveries as it upgrades its shipyard capabilities and efficiencies, and monitor costs...

More information available here.

 

 

 

  Highlights:

• Group turnover was up by 7.8% to S$4.2bn supported by better shipyard 

performance. 

• Shipyard turnover rose 10.1% to $$4.1bn on higher contributions from 

ship building and marine engineering projects. 

• Turnover from dry bulk shipping and other business fell 52.9% to $66.8m 

on lower charter-hire rates. 

• Net profit attributable to equity holders of the Company dropped 43.9% 

to $139.7m on lower profit contributions from dry bulk shipping and the 

higher costs incurred in shipyard operations. 

• The Group will continue to focus on deliveries as it upgrades its shipyard 

capabilities and efficiencies, and monitor costs

 

The Board of Directors of COSCO Corporation (Singapore) Limited (the
" Company" ) wishes to announce that COSCO (Guangdong) Shipyard Co., Ltd
(" COSCO Guangdong" ), a subsidiary of the Company's 51% owned COSCO
Shipyard Group Co., Ltd, has delivered a bulk carrier of 57000DWT, " FLAG
MERSINIDI" , to its European buyer.
The delivery documents were signed by and between COSCO Guangdong and
the buyer on 10 February 2012.
The bulk carrier measures 189.99 meters in LOA (length of all), 32.26 meters in
breadth and 18 meters in depth.

 

How about cosco closing at 1.295 today? will it follow up NOL, STXOSV?

 

On Monday, Cosco trend sideway and closed at $1.26 with LOW volume of 12.42 million shares traded.

During the past 10 bars, there have been 6 white candles and 3 black candles for a net of 3 white candles.  During the past 50 bars, there have been 27 white candles and 18 black candles for a net of 9 white candles.

Both RSI & MACD are bullish though RSI in overbought region.

Important Resistance of Cosco: $1.295

Immediate Support of Cosco: $1.125

Currently prices are resisted by 200 days MA at $1.295

For the past 3 sessions, prices have ................ READ MORE

 

 

Wow! cosco broke-out of $1.22 with strong vol. expect to see more futher upwards..

 

I agree... Brought Cosco on Friday.

Very impressive run in Jan.

My target for Cosco is $1.385.

hpong5      ( Date: 04-Feb-2012 19:23) Posted: More upside on monday. Accumulation by big players for weeks already. The US jobs report is the catalyst it needs, at least for the short term.

 

More upside on monday. Accumulation by big players for weeks already. The US jobs report is the catalyst it needs, at least for the short term.

 

Expect Cosco 2011 result to be good? on 23 Feb 2012?

Prepare for drop in earnings. 2011 Cosco order book is not good. Shipping earning is a disaster.

Cosco rally on Hope that more offshore orders that we did not see coming in.

iknownothing      ( Date: 03-Feb-2012 20:23) Posted: God knows! Hmm..I looked forward for cosco to hit $2. Howe123      ( Date: 03-Feb-2012 01:14) Posted: btw, roughly by when u guys think cosco will take to reach $2? cosco was $2.35 just a few mths ago on APRIL 2011. i  observed from past chart that whenever STI in bull market, cosco always outperformed the STI, in fact cosco even outperformed yanlord in bull rally(and yanlord outperformed STI in bull rally) LOL, meaning Cosco  > Yanlord > STI in bull market LOL Provided STI rises above 3000 in 2012.

 

God knows!

Hmm..I looked forward for cosco to hit $2.

Howe123      ( Date: 03-Feb-2012 01:14) Posted: btw, roughly by when u guys think cosco will take to reach $2? cosco was $2.35 just a few mths ago on APRIL 2011. i  observed from past chart that whenever STI in bull market, cosco always outperformed the STI, in fact cosco even outperformed yanlord in bull rally(and yanlord outperformed STI in bull rally) LOL, meaning Cosco  > Yanlord > STI in bull market LOL Provided STI rises above 3000 in 2012.

 

btw, roughly by when u guys think cosco will take to reach $2?

cosco was $2.35 just a few mths ago on APRIL 2011.

i  observed from past chart that whenever STI in bull market, cosco always outperformed the STI, in fact cosco even outperformed yanlord in bull rally(and yanlord outperformed STI in bull rally) LOL, meaning Cosco  > Yanlord > STI in bull market LOL

Provided STI rises above 3000 in 2012.

 

-. 

  manipulation of market report and working hand in hand with sydicate ? they wanna die is it?  if got evidence, report them to police or

just   walk into their offices , and give them a good f _ _ _ .  lol!

moneycow      ( Date: 27-Jan-2012 17:25) Posted: The Brokerga efirm put its target at just 50 cents should be hang for grossly get it wring and with their report, many whom buy high and hold and  when it drops to below 80 cents - panick and sold.  The report inluence their decisiion to sell and not to hold. If they had hold on -  they would have make some not lost. So do lean that, brokerga e houses reports. even from so call reputated ones are  BULL SHIT. assumptious and many times  get it wrong and eiother  influence PPL to go in high or sell off low. When  it actually have good potential to move up. Brokergae house, some could be working with big syndicate  to attempt to influnce the market by  releasing  negative report and adjust low target price. Manupulation of market is illegal - but thses ppl seem to get away scott free.  But how to get evidence and exposed this rotten apples. Like bopianz.  Just be careful.

 

so how much u lost for yr this cut loss trade

Leonkoh73      ( Date: 27-Jan-2012 11:00) Posted: too bad that I was inexpereinced to have sold off the shares at below $0.90after buying high.. seems to be coming back now.. sop :(

 

1st target $1.205

tiancai007      ( Date: 29-Jan-2012 23:44) Posted: Dont think the margin increased.Still 20%, but the short charges increase instead... It is Noble increases from 10% to 15% xing78      ( Date: 28-Jan-2012 00:55) Posted: This counter is heavily shorted. Margin to increased on 1 Feb (as per Poems CFD).

 

Dont think the margin increased.Still 20%, but the short charges increase instead... It is Noble increases from 10% to 15%

xing78      ( Date: 28-Jan-2012 00:55) Posted: This counter is heavily shorted. Margin to increased on 1 Feb (as per Poems CFD).

 

On Friday, Cosco trend sideway and closed at $1.18 with HIGH volume of 10.52 million shares traded.

A spinning top occurred (a spinning top is a candle with a small real body).  Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close).  During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.

Both RSI & MACD are bullish though RSI in overbought region.

Important Resistance of Cosco: $1.36

Immediate Support of Cosco: $1.125

Currently prices are resisted by 200 days MA at $1.36

On 25/Jan, prices broke the............ READ MORE